Journal of International Business Studies

, Volume 40, Issue 7, pp 1075–1094

When and where does foreign direct investment generate positive spillovers? A meta-analysis

  • Klaus E Meyer
  • Evis Sinani

DOI: 10.1057/jibs.2008.111

Cite this article as:
Meyer, K. & Sinani, E. J Int Bus Stud (2009) 40: 1075. doi:10.1057/jibs.2008.111


Local firms may attract productivity spillovers from foreign investors, yet these vary with local firms' awareness, capability and motivation to react to foreign entry. In consequence, spillovers vary across countries at different levels of economic development. We apply competitive dynamics theory to analyze these contextual moderators of spillovers, and test hypotheses thus derived in a meta-analysis of the empirical literature on spillovers. Our analysis suggests a curvilinear relationship between spillovers and the host country's level of development in terms of income, institutional framework and human capital.


meta-analysis MNEs and economic development MNEs and economic growth foreign direct investment spillovers institutions and international business 

Copyright information

© Academy of International Business 2009

Authors and Affiliations

  • Klaus E Meyer
    • 1
  • Evis Sinani
    • 2
  1. 1.School of Management, University of BathBathUK
  2. 2.Department of International Economics and ManagementCopenhagen Business SchoolFrederiksbergDenmark

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